Which of These Statements About Recent Trends in Operations and Supply

question 11

Multiple Choice

Which of these statements about recent trends in operations and supply chain management is best?

• A) A lower level of competition exists thanks to an increased level of globalization.
• B) The rate of change in markets is actually lower once inflation is factored in.
• C) Managers tend to make decisions with less information than they used to.
• D) Customers demand for standardization in goods and services has increased.

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Definitions:

Mammary Glands

Exocrine glands that secrete milk for the young; a derived character of mammals.

Descendants

Individuals or organisms that come from a specific ancestor, representing the future generations in a lineage.

Dinosaurs

Extinct reptiles known for their varied sizes and shapes that lived on Earth during the Mesozoic Era.

Marsupials

A group of mammals characterized by giving birth to relatively undeveloped offspring that typically complete their development in an external pouch.